Author Archive

Which Metro Areas Have Rising Prices and Faster Selling Time as of June 2018?

Home prices continue to increase although the pace of price appreciation has slowed. As of June 2018, the national median sales price of existing homes sold rose to a peak of $276,900, the highest level since 20001 when NAR...

Manufactured Homes: Affordable, Safe, and Decent Housing for Aspiring Homeowners

This blog highlights the findings of a May 2018 Realtor® University Center for Real Estate Studies[1] research paper that found that manufactured homes[2] have increasingly become safer, with customized designs that give them the look of site-built homes, while...

Florida, California, and Texas: Top Foreign Buyer Destinations, According to 2018 NAR Survey

Foreign buyers purchase property across the United States, but 52 percent of international buyers are still concentrated in five states: Florida, California, Texas, Arizona, and New York, according to NAR’s recently released 2018 Profile of International Activity in U.S....

Fastest-Selling Markets in June 2018

Amid strong demand and tight supply, REALTORS® reported that properties that sold in June 2018 were typically on the market for 26 days, faster than one year ago (28 days) and the same time as in May 2018, according...

Chinese Buyers Still #1, According to NAR 2018 International Survey

Chinese buyers remained as the top foreign buyer of U.S. residential property, according to NAR’s recently released 2018 Profile of International Activity in U.S. Residential Real Estate. [1],[2] Chinese buyers accounted for 15 percent of foreign buyer purchases during...